Operations

The Company was granted 11 Prospecting Licences in Counties Wicklow & Wexford in January 2012 in the name of Hendrick Resources (Ireland) Ltd:

 

Licences

Owner

County

Expenditure (2yr)

Position

Old PL#

First Granted

1196

  Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

1196

13-Jan-12

2053

  Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

2053

13-Jan-12

2236

  Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

2236

13-Jan-12

2237

  Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

2237

13-Jan-12

2238 

Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

2238

13-Jan-12

2268

  Hendrick Resources (Ireland) Ltd

Wexford

2500

Held

2268

13-Jan-12

2552

  Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

2552

13-Jan-12

3676

  Hendrick Resources (Ireland) Ltd

Wicklow

10000

Held

3676

13-Jan-12

4079

  Hendrick Resources (Ireland) Ltd

Wicklow

2500

Held

2240

13-Jan-12

4080 

Hendrick Resources (Ireland) Ltd

Wicklow

10000

Held

3265R

13-Jan-12

4081

  Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

1193

13-Jan-12

 

The Company subsequently completed an option agreement on five Prospecting Licences held by Connemara Mining Company plc (CMC), whereby the Company will earn a 75% interest by spending €1million:

 

Licences

Owner

County

Expenditure (2yr)

Position

Old PL#

First Granted

2553 

Connemara Mining Co. Ltd.

Wexford

10000

Agreement

2553

16-Apr-08

2554

  Connemara Mining Co. Ltd.

Wexford

10000

Agreement

2554

16-Apr-08

2555

  Connemara Mining Co. Ltd.

Wexford

10000

Agreement

2555

16-Apr-08

2558

  Connemara Mining Co. Ltd.

Wicklow

10000

Agreement

2558

16-Apr-08

4053

  Connemara Mining Co. Ltd.

Wexford

2500

Agreement

2556

07-Jul-11

 

The Company has also accepted for 3 further licenses:

 

Licences

Owner

County

Expenditure (2yr)

Position

Old PL#

First Granted

1199 

Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

1199

  4-Oct-12

1200 

Hendrick Resources (Ireland) Ltd

Wexford

10000

Held

1200     

 4-Oct-12

3896 

Hendrick Resources (Ireland) Ltd

Wexford

2500

Held

     3896

27-Oct-12

 

The Company has also signed an option with Boliden on PL1198

 

1198 

Boliden Tara Mines Ltd.

Wexford

30000

Held

     1198

10-March-2000

This will bring the total licences up to 20 covering an area of over 800 sqkm.

Licence Location Map

GSI mapped gold locations